Alberto J. Paracchini Purchases 425 Shares of Kemper Co. (NYSE:KMPR) Stock

Kemper Co. (NYSE:KMPR) Director Alberto J. Paracchini acquired 425 shares of the firm’s stock in a transaction dated Friday, May 3rd. The shares were purchased at an average cost of $58.54 per share, with a total value of $24,879.50. Following the completion of the transaction, the director now owns 7,388 shares in the company, valued at approximately $432,493.52. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website.

Kemper Trading Down 0.2 %

KMPR opened at $60.35 on Wednesday. The firm has a market cap of $3.89 billion, a price-to-earnings ratio of -31.76 and a beta of 0.89. Kemper Co. has a 52 week low of $38.32 and a 52 week high of $64.69. The business’s 50 day moving average is $58.60 and its two-hundred day moving average is $52.81. The company has a quick ratio of 0.21, a current ratio of 0.21 and a debt-to-equity ratio of 0.54.

Kemper (NYSE:KMPR) last announced its earnings results on Wednesday, May 1st. The insurance provider reported $1.07 EPS for the quarter, missing analysts’ consensus estimates of $1.09 by ($0.02). The business had revenue of $1.14 billion during the quarter, compared to analyst estimates of $1.01 billion. Kemper had a negative net margin of 2.52% and a positive return on equity of 3.03%. The business’s revenue was down 11.7% compared to the same quarter last year. During the same period in the previous year, the firm earned ($1.02) earnings per share. On average, research analysts predict that Kemper Co. will post 4.5 EPS for the current year.

Kemper Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, May 28th. Stockholders of record on Monday, May 13th will be paid a dividend of $0.31 per share. The ex-dividend date of this dividend is Friday, May 10th. This represents a $1.24 annualized dividend and a dividend yield of 2.05%. Kemper’s dividend payout ratio (DPR) is -65.26%.

Hedge Funds Weigh In On Kemper

Several institutional investors have recently added to or reduced their stakes in the stock. YHB Investment Advisors Inc. purchased a new position in shares of Kemper in the 1st quarter valued at approximately $25,000. Blue Trust Inc. lifted its holdings in shares of Kemper by 211.1% during the fourth quarter. Blue Trust Inc. now owns 532 shares of the insurance provider’s stock worth $26,000 after purchasing an additional 361 shares during the period. CWM LLC grew its position in Kemper by 257.8% in the 1st quarter. CWM LLC now owns 483 shares of the insurance provider’s stock valued at $30,000 after buying an additional 348 shares during the last quarter. Exchange Traded Concepts LLC acquired a new position in Kemper in the 3rd quarter valued at $32,000. Finally, Quest Partners LLC purchased a new position in Kemper during the 4th quarter worth $66,000. Institutional investors and hedge funds own 86.23% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of analysts have issued reports on KMPR shares. Piper Sandler lifted their price target on Kemper from $66.00 to $72.00 and gave the stock an “overweight” rating in a report on Monday, April 1st. UBS Group boosted their target price on Kemper from $60.00 to $65.00 and gave the stock a “buy” rating in a research note on Monday, February 5th. JMP Securities reiterated a “market outperform” rating and issued a $75.00 price target on shares of Kemper in a research note on Monday, April 15th. Raymond James boosted their price objective on shares of Kemper from $60.00 to $70.00 and gave the stock a “strong-buy” rating in a research report on Friday, January 26th. Finally, TD Cowen started coverage on shares of Kemper in a research report on Wednesday, January 10th. They issued an “outperform” rating and a $70.00 target price on the stock. One analyst has rated the stock with a hold rating, four have issued a buy rating and one has issued a strong buy rating to the company’s stock. According to data from MarketBeat, the stock presently has a consensus rating of “Buy” and an average target price of $70.40.

About Kemper

Kemper Corporation, a diversified insurance holding company, engages in the provision of insurance products to individuals and businesses in the United States. The company operates through three segments: Specialty Property & Casualty Insurance, Preferred Property & Casualty Insurance, and Life & Health Insurance.